Thursday, 27 November 2014
Last updated 16 hours ago
Jul 25 2007 | 11:34am ET
Man Global Strategies and Plinthos Capital today unveiled its Founders Incubation Platform, a seeding and incubation platform for U.S.-based hedge fund managers.
The Founders Program combines a traditional seeding platform with a multi-strategy investment platform, and aims to provide entrepreneurial portfolio managers with an infrastructure and sufficient capital so they can concentrate solely on asset management, according to the firm.
Man Global, which manages US$19 billion in assets, provides the investment and working capital for the incubation platform while Plinthos provides infrastructure support, which includes office space, trading execution technology, and legal and compliance support. Simon Irish, head of U.S. manager selection for MGS, will lead the initiative.
“The Founders Program will enable us to support some of the best money managers to develop sustainable asset management businesses with long-term performance potential,” said Alexander Lowe, CEO of Man Global Strategies.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...